484

LAWS OF MARYLAND.

Power
to declare
dividends.

SEC. 5. And be it enacted, That the directors shall have
power to declare such dividends of the profits of the company
as they may deem proper; provided no dividend shall be
declared, when the capital stock would be impaired thereby.
The directors shall have power to adopt such by-laws and
regulation for the government and management of the affairs
of the corporation as they may deem advantageous to the best
interest thereof.

Authority to
accept and
execute trusts,
etc.

SEC. 6. And be it enacted, That said corporation be and it
is hereby authorized to accept and execute trusts of any and
every description which may be committed to it, with its
consent, by any person, corporation, firm, municipality, body
coporate or public, or by any court, either State, United
States or territorial; and said corporation is authorized to act
as trustee, assignee, receiver, executor, administrator, guar-

May be
appointed
trustee,
assignee,
guardian, etc.

dian or committee, and it shall and may be lawful for said
company to be appointed trustee, assignee, receiver, guardian,
executor, administrator or committee by any court, person or
corporation, and when so appointed the accounts of such
company in that capacity shall be regularly settled before the
court having jurisdiction, and all proper, legal and customary
charges, cost and expenses shall be allowed to said company
for its care and management of such trusts and estates, and
said company shall be subject to all lawful orders or decrees
that may be passed by the court having jurisdiction in the
premises.

Authority to
receive on
deposit
valuables of
every kind;
gold plate,
bonds, etc.

SEC. 7. And be it enacted, That said corporation is hereby
authorized to receive and keep on deposit, or store in vaults
or warehouses, valuables of every kind and description — gold,
silver, paper money, bullion, precious metals, jewel, plate,
certificates of stock, bonds, evidences of debt, deeds, con-
tracts or any other thing whatsoever; and any court may
direct any money, stock, bonds or property to be deposited
with said corporation; and said company shall be entitled to
charge and collect such commission or compensation therefor
as may be proper or agreed upon. And said company is
authorized to purchase, sell or lease such real estate, and to
buy, have, hold, rent, sell, construct or maintain such build-
ings, vaults, warehouses or other equipment as may be
desired or necessary to transact or perform the business for
which it is incorporated.

Power
to manage
property,
estates, sell
stocks bonds
etc

SEC. 8. And be it enacted, That said corporation shall have
the power to take charge of and manage property and estates,
to purchase, discount, collect, hypothecate or sell stocks,
bonds, notes, mortgages, certificates, checks, drafts, realty,